{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-22-027971","form_type":"8-K","ticker":"MGPI","cik":"0000835011","company_name":"MGP INGREDIENTS INC","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.692976+00:00","generated_at":"2026-06-22T10:41:31.656561+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"MGP Ingredients Q3 sales up 14% to $201.2M; raises FY2022 guidance","bullets":["Q3 sales $201.2M (+14% YoY); net income $23.6M vs $23.7M; diluted EPS $1.06 vs $1.08.","Distilling Solutions sales record $108.6M (+19%); brown goods sales +34% YoY.","Branded Spirits sales record $62.8M (+2%); gross margin expanded to 39.9%.","Ingredient Solutions sales record $29.7M (+24%) driven by plant-based food demand.","FY2022 guidance raised: sales $765-780M, adj. EBITDA $162-167M, adj. EPS $4.62-4.80."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-22-027971","json":"https://secwatch.observer/filing/0001628280-22-027971.json","markdown":"https://secwatch.observer/filing/0001628280-22-027971.md","text":"https://secwatch.observer/filing/0001628280-22-027971.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/835011/000162828022027971/0001628280-22-027971-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/835011/000162828022027971/mgpi-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T10:41:31.656561+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"31dd01292ef2daacd86f64ed7982dfb77992e73f","claim":"MGP INGREDIENTS INC reported third quarter ended September 30, 2022 results: revenue $201.2 million, net income $23.6 million, EPS $1.06 per share. Guidance raised.","evidence_excerpt":"solutions, today reported results for the third quarter ended September 30, 2022. 2022 third quarter consolidated results compared to 2021 third quarter • Sales increased 14% to $201.2 million, as a result of record third quarter sales across all three business segments. • Gross profit increased 3% to $59.1 million, representing 29.4% of sales. • Operating income","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/835011/000162828022027971/0001628280-22-027971-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2022"},{"label":"Revenue","value":"$201.2 million"},{"label":"Net income","value":"$23.6 million"},{"label":"EPS","value":"$1.06 per share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}